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Sunday, June 23, 2024

The Circular Economy and Best-practice Mining : St-Georges Eco-Mining Corp (CSE: SX, OTCQB: SXOOF, FSE:85G1)

Sometimes, going around in circles is a good thing. Also, as Einstein said, “Insanity is doing the same thing over and over and expecting different results.” The point of the circular economy refutes that as the industry wants to do the same thing repeatedly and get the same result. It is a significant plank in regulating GHG and moderating mining and other fossil fuel processes. This further quote by AE is equally relevant when applied to modern-day GHG issues.

Thankfully, I’m not going to list stats and other dross that will be true; you can practically get the info on the back of a Coke bottle.

Here’s the skinny.

Is Mining Bad?

The circular economy is a system where materials never become waste and nature regenerates. In a circular economy, products and materials are circulated through maintenance, reuse, refurbishment, remanufacture, recycling, and composting.

From the mining production point of view, practices include reducing water and energy consumption, minimizing land disturbance and waste production, preventing soil, water, and air pollution at mine sites, and conducting successful mine closures and reclamation activities. Can more be done?

Sure.

Top 10 behemoths that subscribe and have major commitments to employing the circular economy processes. The details of each company are here. (sustainability mag)

Patagonia

Ikea

Unilever

Accenture

H&M

Adidas

Interface

TrusTrace

Mud Jean

One example is number 10, Mud Jean. The Company uses recycled denim to make new pairs of jeans, which customers can lease for just under €10 per month. This initiative allows customers to avoid buying jeans they will rarely wear, thus contributing to a closed-material loop. To participate in the Mud Jeans leasing programme, customers can send in an old pair of jeans and receive their first month of leasing for free. From there, customers can continue their subscription and receive a new pair of Muds each month or end their subscription after the initial month.

Ba da bing ba da boom. Closed circle. No waste.

Are you looking for a junior in the space? Great miner and employs the circular economy process? Here. You’re welcome.

St-Georges Eco-Mining Corp (CSE: SX) (OTCQB: SXOOF) (FSE:85G1) St- Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery and full-circle battery recycling. The Company explores nickel and PGEs on the Manicouagan and Julie Projects on Quebec’s North Shore and has multiple exploration projects in Iceland, including Thor Gold.

The simple premise is that critical minerals—and hopefully all metals— will never cease to be recycled and never see the inside of a landfill. SX is at the cutting edge of that extremely worthwhile development. 

 And has a skookum looking chart.

Bears repeating.

St-Georges Represents a Compelling Entry Point to the Eco-Mining sector.

The company is well-positioned to capture a significant share of the growing battery recycling market.

The company is benefiting from the increasing focus on sustainability, driving demand for battery recycling.

The company has a strong management team with a proven track record.

The company is listed on the Toronto Venture Exchange (TSX-V), providing investors access to a liquid market. 

There are many other positives; the Spinout of Iceland Recourses, for example;

The decision to undertake the Spinout was prompted by the Company’s recent success in demonstrating, in addition to the Thor Project’s high level of productivity for gold, the broad untested potential for significant gold mineralization within the Elbow Creek Project. The Company believes that the Spinout is the most effective way to unlock the value of the Icelandic assets that relate to their gold potential.

Recently, financing yielded the Company just under a million. Further, the Company has no debt.

It is worth your time and potentially a purchase for risk-oriented people who want to bridge the relationship between lower GHG, best-practice mining and the Circular Economy.

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